Venue: Foreign Economic Cooperation Office (FECO), Ministry of Environmental ProtectionDate: Monday September 15, 2014 Important Steps Along the Path of a Thousand Mile JourneyThank you Vice Minister Zhai... Show More + Qing, Mr. Chen Liang, Ms. Tina Birmpili, ladies and gentlemen.It is an honor for me to join you to share in celebrating International Ozone Day and in recognizing the key role that China’, as an important Party to the Montreal Protocol, have played and continues to play in achieving global environmental objectives.The World Bank Group has been working with China to promote green development to address China's environmental challenges and to make green development a new driver for growth. Our program in China emphasizes knowledge sharing and cooperation through advice and analytical products and through public and private sector investments that introduce and demonstrate new approaches which are later adopted or scaled up at the provincial and national level.This is the case of the lon Show Less -

MR. WESSEL: --and countries like the U.S. and Europe better get used to this because we are going to be less and less relevant in the future with emerging markets.And I would say that,... Show More + in the last six months, maybe there's been some rethinking about that. So, my question to you is, is the golden age of emerging markets behind us and what are the chances--what are the factors that the next decade won't be so pleasant for emerging markets as the last 20 or 30 years will be. There's certainly--DR. KIM: Well, you know, if you look back over the last five or six years, even Africa has over 5 percent growth rates. And you know, there's been a slowdown. If you look at some of the biggest countries, it looks like India is going to have a good third quarter. China came in at an annualized rate of 9.3 percent in the third quarter. And you know, there are all kinds of downside risks, you know, the biggest one being what's going to happen here Show Less -

A few large economies need to watch for possible overheating SINGAPORE, April 15, 2013 – Driven by strong domestic demand, economies of developing East Asia and Pacific continue to be an engine of global... Show More + growth, growing at 7.5 percent in 2012 -- higher than any other region in the world, says the World Bank in its latest analysis of the regional economy. As the global economy recovers, the report, released today, projects that regional growth will rise moderately to 7.8 percent in 2013 and ease to 7.6 percent in 2014. “The East Asia and Pacific region contributed around 40 percent of global growth in 2012, and the global economy continues to rely on the region’s growth, with investor confidence surging and financial markets remaining solid” said World Bank East Asia and Pacific Vice President Axel van Trotsenburg. “Now is the time for countries to focus on helping the remaining poor, with more and better quality investments to accelerate inclusive growth.” Fiscal and monetary policies Show Less -